Chap 9 blank - E9–1 Prepare a Flexible Budget Puget Sound...

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E9–1. Prepare a Flexible Budget Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company’s planning budget for May appears below: Required: During May, the company’s activity was actually 105 diving-hours. Prepare a flexible budget for that level of activity.
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E9–2. Prepare a Report Showing Activity Variances Flight Café is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company’s planning budget for July appears below: In July, 17,800 meals were actually served. The company’s flexible budget for this level of activity appears below: Required:
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1. Prepare a report showing the company’s activity variances for July. 2. Which of the activity variances should be of concern to management? Explain.
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E9–3. Prepare a Report Showing Revenue and Spending Variances Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company’s flexible budget for August appears below: The actual results for August appear below:
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R equired: Prepare a report showing the company’s revenue and spending variances for August.
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E9–5. Prepare a Flexible Budget with More Than One Cost Driver
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